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Concept information

finances > credit > banking > emission reduction banking

Preferred term

emission reduction banking  

Definition

  • A system for recording qualified air emission reductions for later use in bubble, offset, or netting transactions. Plant complexes that reduce emissions substantially may "bank" their "credits" or sell them to other industries.

Broader concept

Scope note

  • a system for recording qualified air emission reductions for later use in bubble, offset or netting transactions (emission trading) <D>

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URI

http://www.eionet.europa.eu/gemet/concept/2671

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